GBPUSD SELL after sweeping the daily swing high, we are shifting structure on the 4 hour. We have returned to 4 hour order block. 1 hour has created an order block, looking to enter off that block and target the lows. Take partials on the way down
GBPUSD trade ideas
Bullish bounce off overlap support?GBP/USD is falling towards the support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.3543
Why we like it:
There is an overlap support level that aligns with the 38.2% Fibonacci re4tracement.
Stop loss: 1.3493
Why we like it:
There is a pullback support level that is slightly below the 61.8% Fibonacci retracement.
Take profit: 1.3601
Why we like it:
There is a pullback resistance level.
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News Trading - After release📉 News Spike Reversal – GBPUSD & USTEC, 15min
This example highlights how the ELFIEDT RSI + 3SD Reversion Strategy can be used to catch sharp pullbacks after a news-driven price spike, using statistically overextended conditions and volume-confirmed exhaustion.
🔻 What Happened Here:
📍 1. Sudden Spike on News Release
Both GBPUSD and USTEC experienced a sharp rally — likely due to a high-impact economic release or scheduled news event. This kind of impulsive movement often creates price extensions beyond normal volatility ranges.
📍 2. “DOWN” Signal Triggered on Both Assets
As price surged higher, the indicator detected that:
Price exceeded the upper statistical band (3SD above the moving average)
RSI entered extreme territory
Volume activity was significantly elevated
This triggered a “DOWN” label on both charts, flagging the area as a potential short-term top.
📍 3. High-Probability Reversal Back Toward the News Origin Zone
After the initial spike, both instruments retraced sharply, pulling back into the prior consolidation range — a classic “retest of the news move” often seen when markets overreact and correct shortly after.
✅ How You Could Have Traded It:
Watch for news-driven price surges — the strategy is built to detect extreme moves.
When the “DOWN” label appears on both instruments around the same time, it adds confluence — this increases conviction in the reversal potential.
Look for candle confirmation (e.g., bearish engulfing or long upper wick) to time the entry.
Target the origin of the news spike or the prior resistance zone as your first take-profit level.
🔁 Bonus: Multi-Asset Confluence
When two different markets react similarly to news and print simultaneous reversal signals, this serves as a strong confidence boost — especially when both RSI readings also begin to reverse from extremes.
This dual example shows how the ELFIEDT strategy can help traders avoid emotional trades during news volatility and instead catch logical pullbacks after the dust settles.
The British pound's rebound was blockedThe British pound staged a technical rebound after a sharp decline on Tuesday, trading near 1.35 during the North American session. A day earlier, the exchange rate had retreated amid expectations that the Bank of England (BoE) would continue to cut rates twice within the year, triggered by weak UK labor market data. However, on Wednesday, against the backdrop of the US CPI data falling short of expectations, the US Dollar Index weakened, allowing the pound to rebound. Although the exchange rate has regained the 1.35 threshold currently, if UK economic data continues to be weak, the pound may test support levels at 1.34 or lower again.
Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.
GBPUSD Downward pressure, an usual setup in line with trend
GBPUSD Downward pressure, an usual setup in line with trend
GBPUSD trade ideaFX:GBPUSD
Reason sell:
1) overall bearish
2) candle on trendline rejection
3) spinning top candle signals nearby reversal
4) target previous low
GBPUSD SELL OPPORTUNITYA Sell opportunity is envisaged from the current market price a we're beginning to see a weakness around recent high. a sell is expected.
gbpusd buy tradeThe Relative Strength Index (RSI) is showing an upward trend, indicating increasing momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bullish crossover, further supporting the potential for an upward move.
CHECK GBPUSD SIGNAL READ CAPTAINEntry: around 1.34950/1.34930✅
Take Profit 1 1.35000✅
Take Profit 2: 1,35100✅
Last Target: 1.35200✅
Stop Loss: 1.34850❌
GbpusdGbpusd as we can see is on a down trend so we are expecting price to move bearish and we have a clean head and shoulder pattern and a break and retest we are waiting for the market to retest well on the zone then we sell
GBPUSD - Longs📈 Catching the Reversal – GBPUSD, 15min
This chart shows a strong intraday reversal captured cleanly by the ELFIEDT RSI + 3SD Reversion Strategy, combining exhaustion signals, volume confirmation, and RSI momentum.
🟢 What Happened in This Setup:
Multiple “UP” Signals Fired
The indicator generated a cluster of bullish signals as price aggressively spiked downward. These signals were triggered by a statistically extreme drop below the lower volatility band, with RSI in oversold territory and volume elevated — a clear setup for a potential bounce.
Visual RSI Confirmation
RSI reached a deep low and began curling upward from the oversold zone shortly after the signals. This shift in momentum reinforced the idea that price was bottoming out.
Strong Recovery Move
Following the signal cluster, price reversed quickly and rallied for several candles in a row, making this a great low-risk, high-reward intraday buy opportunity.
✅ How You Could Have Traded It:
Wait for "UP" signals to print — these suggest price is overstretched and may soon revert.
Watch RSI for a momentum turn upward — it adds confidence to the setup.
Look for a bullish engulfing or strong close after the signal for entry confirmation.
Consider placing stops just below the low of the signal candle and targeting the next logical resistance or structure level for exits.
🔁 Confluence Boost Tip:
If similar “UP” signals were forming on the 1H timeframe at the same price zone, this would act as a powerful multi-timeframe confluence — increasing the reliability of the reversal.
This example highlights how combining exhaustion, volume, and RSI conditions — even without divergence — can produce clear and actionable trades using the ELFIEDT strategy.
GBPUSD - LongI missed the opportunity yesterday.
However, I've been lucky enough to get involved again as of this morning.
4H orderflow is still bullish so we will still look for the longs until the market tells us otherwise.
If I can help with anything do let me know
GBPUSD ready to jump?GBPUSD after retest of the daily support has got a bounce back to the upside with a momentum as the price already has got rejected back, we may see potential trend continuation. We can spot the double bottom on the lower timeframe from this support and may continue to rise to the resistance. A bullish trade is high probable after confirmation of potential inverted head and shoulder
LONDON BREAKOUTLondon Breakout Strategy – GBP/USD (June 11)
In this trade, I used my usual approach by identifying the price range between 04:00 and 06:00 UTC to mark the consolidation zone before the London session.
As the London session opened, price showed bearish movement, breaking below the range. I entered a sell trade based on the breakout.
Entry (Sell): 1.34672 – Triggered as price moved below the consolidation zone.
Stop Loss (SL): 1.34917 – Set just above the early range high for controlled risk.
Take Profit (TP): 1.34305 – Targeting 1.5x the SL distance to maintain a solid risk-to-reward ratio.
This setup aims to take advantage of early London volatility with tight risk management and directional momentum.
Feel free to comment and share your ideas
GBPUSD – Sell Into Strength at Key ResistanceTrade Idea
Type: Sell Limit
Entry: 1.3557
Target: 1.3415
Stop Loss: 1.3593
Duration: Intraday
Expires: 12/06/2025 06:00
Technical Overview
GBPUSD has retraced a majority of its daily losses, with recent gains facing selling pressure in the Asian session.
The medium-term bias remains bearish, and the rally toward bespoke resistance at 1.3557 presents an opportunity to fade strength.
Volatility is expected to remain elevated, but price action continues to respect the broader downtrend structure.
The preferred approach is to sell into rallies, anticipating renewed downside momentum toward support at 1.3415.
Risks
Caution is warranted ahead of key U.S. CPI data releases at 13:30 UTC, which may amplify volatility and influence short-term dollar flows.
There is also a spending review in the UK, which may cause volatility.
Key Technical Levels
Resistance: 1.3557 / 1.3582 / 1.3617
Support: 1.3457 / 1.3415 / 1.3224
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPUSD LONGPrice an currently on a support level we expecting a bounce from here to the M30 resistance
GU-Wed-11/06/25 TDA-All eyes on US CPI release in NY session!Analysis done directly on the chart
Follow for more, possible live trades update!
Here's a brief definition of CPI copied directly from Fxstreet.com:
Link: www.fxstreet.com
Inflationary or deflationary tendencies are measured by periodically
summing the prices of a basket of representative goods and services
and presenting the data as The Consumer Price Index (CPI).
CPI data is compiled on a monthly basis and released by the
US Department of Labor Statistics. The YoY reading compares
the prices of goods in the reference month to the same month a year earlier.
The CPI is a key indicator to measure inflation and changes in purchasing trends.
Generally speaking, a high reading is seen as bullish for the US Dollar (USD),
while a low reading is seen as bearish.
Active in London session!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBPUSD → Countertrend retest of support before growthFX:GBPUSD is forming a countertrend correction to the zone of interest and liquidity while the dollar is stagnating. The market is waiting for a fundamental driver.
Within the uptrend, a countertrend correction is forming towards the liquidity zone at 1.342. Against this backdrop, the dollar is correcting and contracting towards support. The currency pair's price continues to decline, but within the uptrend, breaking the local structure but not the market character. The focus is on the current trading range of 1.342 - 1.359. A retest of support could bring the price back to resistance.
Support levels: 1.3421, 1.339
Resistance levels: 1.3507, 1.3593
A quick retest of the liquidity zone at 1.3421, the inability of GBPUSD to continue falling, a false breakdown, and the price consolidating above 1.3421 would be a good indication that buyers are trying to hold the market. In this case, we could see the price strengthen.
Best regards, R. Linda!
Fundamental Market Analysis for June 11, 2025 GBPUSDThe GBP/USD pair continues to decline to around 1.34750 during Wednesday's Asian trading session. The pound sterling (GBP) is weakening against the US dollar (USD) due to a weaker UK employment report. Later on Wednesday, attention will shift to the US Consumer Price Index (CPI) for May.
The ILO unemployment rate in the UK rose to 4.6% in the three months to April from 4.5% previously, the British Office for National Statistics said on Tuesday. The figure was in line with expectations. Meanwhile, the change in the number of applicants for unemployment benefits in May was 33,100, compared with -21,200 previously (revised from 5,200), which is below the consensus of 9,500.
In addition, average earnings excluding bonuses in the UK rose 5.2% year-on-year (3M YoY) in April, compared with a revised 5.5% increase in the previous reading. The market forecast was 5.4%. Average earnings including bonuses rose 5.3% over the same period after accelerating to a revised 5.6% in the quarter to March. The data fell short of the forecast of 5.5%.
These figures indicate that the UK labor market is losing momentum under pressure from tax increases and the minimum wage hike by the government. This, in turn, may put some pressure on the pound sterling in the near term. “This gradual slowdown in wage growth may reassure the Bank of England after inflation unexpectedly jumped to its highest level in more than a year last month,” said Paige Tao, an economist at PwC UK.
Trading recommendation: SELL 1.34800, SL 1.35100, TP 1.34100
Correction The recent downtrend could end within the specified support levels and we could see the start of an uptrend. If the price breaks through the 100% level, a continuation of the downtrend is likely.
GBPUSD SHORT FORECAST Q2 W24 D11 Y25GBPUSD SHORT FORECAST Q2 W24 D11 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅15' order block
✅Intraday 15' break of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
GBPUSD SELL We have to get back to push from morning after that we can go higher , price has to take all the buyers from earlier
2.6RRR
GL TRADERS
NOT ADVICE !
